TherapeuticsMD: 3Q Earnings Snapshot
BOCA RATON, Fla. (AP) _ TherapeuticsMD Inc. (TXMD) on Wednesday reported a loss of $35.6 million in its third quarter.
The Boca Raton, Florida-based company said it had a loss of 16 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 22 cents per share.
The woman’s health care product company posted revenue of $3.5 million in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $4.6 million.
In the final minutes of trading on Wednesday, the company’s shares hit $4.67. A year ago, they were trading at $5.57.